kowloonboys

kowloonboys

unlocked previous target at $4.8 and now we are looking at $5.3 and $7.1 range!

kowloonboys

Just discovered SLV is forming a triangle pattern at this resistance level ($25). Something to look for: Case 1) A good entry point in the next couple days if the price remains in this area Case 2) Price would be less volatile approaching the end of next week If 1 and 2 are true, the price likely goes up and tests the previous high (above $27). P.S. I still...

kowloonboys

This triangle formed perfectly on the resistance level and is about to explode soon. Good loading timing would be tomorrow until early next week and likely to see a significant change in a week or so. Play safe but expect to see a break above the previous high!

kowloonboys Updated 

#6 trade of the month - probably the last trade of the month Got in around $82.2. J is now testing the next resistance at $85 soon and target 1) $90 and 2) $97 by next month and cut loss at $73. Literally everything has been up this month so be greedy when the market is up.

kowloonboys Updated 

Trade #1 of this month Yes MA200 EMA50 MA21 are all going downtrend but I think this is a near-term bottom. Entry around this level with a small position with first target at $44 and second target at $49.5 for the next two weeks timeframe and reduce position at $36.5/$32 Risk-return ratio at 1.2 - It's not a lucrative ratio if you are an aggressive type trader...

kowloonboys

next earning call is happening in just a few days and the stock keep dropping since last week. Now the next downside we should be watching out for is the ~$3.3 range. Is the earning call releases just expect normally we do not have much more downside. Keep reward-risk ratio at above $2 and let me have a quick update 1) after the earning call 2) within next 3...

kowloonboys

Trade #5 of this month Support level at $15.2 and next target $17 and $19.2. Yes it got a bit overbought lately but similar to gold, silver is gonna survive and it already up 50% in just 2 months.

kowloonboys Updated 

Trade #4 of this month OGI further dropped down below support level of $1.15 and don't see there is much downside from here. If it goes back up to the important level at $1.5 that would be a 33% gain so it's not illogical to take a risk this time.

kowloonboys Updated 

EMA and MA crossover since the previous downtrend so it could go up to the next bullish signal given the price stands at this $18 range the next couple days. On the other hand it hit the resistance level so you may consider realise some/all of the profit if you bought it last month.

kowloonboys

Trade #3 of this month (to be confirmed) Forming a symmetrical triangle if the price is gonna consolidating over this week. If that is the case, an entry level shall be made around there with a risk-reward ratio of 3. Time to be a bit patient over these couple days...

kowloonboys

Trade #2 of this month MACD reversed to green for a week - checked EMA crossover above MA - checked Price closed above EMA10 - checked 1 more week to accumulate more until approaching the tipping point of the triangle. Still not too late to get on the roller coaster!

kowloonboys Updated 

When was the last time that GOLD up more than 15% in a month? Maybe 2011? For someone long GOLD this is somehow too good to be true. After the crazy rally and now is getting a little uncertainty. Yesterday it hit the uptrend resistance at 1720 level (3rd try since Feb 2020) and now moving back to the average at 1680 level which is rather a safe entry...

kowloonboys

Uptrend triangle is consolidating within this week... What an uptrend set up!

kowloonboys

Every 3-5 years or so, there is a short correction in the market and it ensures the market to grow sustainably. Although this is a complete different scenario compared to 2008's situation, the downslope pattern is quite similar. A downtrend is a downtrend. I believe that the bottom has not yet came by looking into the downtrend timeframe. However, it likely...

kowloonboys Updated 

The current level of $136.18 is a safe entry/hold. If price is not dropping below $130 range until early June/July, there is a higher probability for uptrend targeting $150-160 range.

kowloonboys

back to top of 2008 level and gonna see a consolidation level around this range. If it gets supported over the next few weeks, it will become bullish

kowloonboys

retrace back to $7000/$6200 to rebounce a higher high bull market from next month